These analysts increase their predictions on BRP NA Q2 results – BRP (Nasdaq: Dooo)

BRP Inc. Doooo reported better on Friday than expected financial results of the second quarter.

BRP reported a quarterly profit of 67 cents per share that defeated the estimate of the analysts of 33 cents per share. The company reported every three -month turnover of $ 1,374 billion, which defeated the consensus estimate of the analysts of $ 1,310 billion.

“We are happy with our results of the second quarter that were better than expected in the macro-economic context. We come from a successful dealer event, in which we have unveiled a considerable number of leading products and witnessed a strong Upswing in dealer-sentiment.

BRP shares rose on Tuesday by 5.2% to act at $ 66.27.

These analysts raised their price goals after the announcement of the profit.

• CIBC analyst Mark Petrie has upgraded BRP from Neutral to Outperformer and increased the target price from C $ 66 to C $ 100.
• Scotiabank analyst Jonathan Goldman maintained the share with a sector that carried out the price objective and increased from C $ 67 to C $ 98.

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